Tooltip Categories: Smart Money

Available School Fund (ASF)

All Texas school districts are entitled, under the Texas Constitution, to receive a designated amount from the state of Texas’ Permanent School Fund. ASF distributions go toward a district’s Tier 1 Entitlement and...

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Copper Pennies

A portion of the tax rate that brings in revenue above the Tier 1 Entitlement and can generate additional state aid but is subject to Recapture. Current estimates project 60 percent of this revenue would stay in Leander ISD and...

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Fund Balance

A fund balance is like a savings account or emergency account that includes money that school districts do not allocate in budgets and hold in reserve. Fund balance is generated when annual revenues exceed actual operating...

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Revenues

The income of a governmental entity – like a school district – received from taxation and other local, state and federal sources. Revenues are used to finance the services provided to its citizens. For a detailed...

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Expenditures

Expenses or spending within a governmental entity – like a school district – are referred to as expenditures. Expenditures represent the spending of money. For a detailed explanation of Expenditures, visit the Expenditures...

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Average Daily Attendance (ADA)

Average Daily Attendance (ADA) is the number of students in average daily attendance or the sum of attendance for each day of the minimum number of days of instruction.

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Weighted Average Daily Attendance (WADA)

Weighted Average Daily Attendance (WADA) is an adjusted student count taking into account student and district characteristics by which students in certain programs are “weighted” to generate additional funds.

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Basic Allotment (BA)

The Basic Allotment (BA) is set by the Texas legislature, guaranteeing every school district a certain amount of funding for each student based on the Average Daily Attendance (ADA). The BA is currently set at $6,160, with...

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Voter-Approval Tax Rate Election (VATRE)

Voter-Approval Tax Rate Election (VATRE): State law requires that school districts seek voter approval to raise their M&O tax rate above a prescribed amount. If the board adopts a tax rate that’s greater than the...

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Golden Pennies

A portion of the tax rate that brings in revenue above the Tier 1 Entitlement and is not subject to Recapture, meaning 100 percent of the revenue generated from this part of the tax rate stays in the district. They are referred...

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RSS News

RSS Support

  • HR Support May 5, 2023
    Submit HR Help Ticket Submit HR Help Ticket Contact Human Resources Contact Human Resources: 512-570-0100For employment verifications, please email [email protected] Organizational Chart For a districtwide staff listing, visit the Staff Directory page. Resources from Incident IQ REQUESTORS:
  • Guidelines for Assisting Students with the Costs of Fine Arts Participation November 2, 2022
    Philosophy Statement LISD desires that no student is to be denied the opportunity to participate in a fine arts organization due to their family’s socio-economic situation.  History of the Program The program was established in the 2006–2007 school year and was intended to provide assistance for LISD students in performing arts and cheer organizations. The […]
  • Early College High School January 20, 2022
    The Early College HS initiative is an open-enrollment program that blends college and high school coursework, enabling students to earn up to two years of college credit (60 hours), tuition-free, while enrolled in high school. English Presentation Spanish Presentation Application Applicants must be current LISD 8th-grade students in good standing to be advanced to the […]